Browse by ▼

Joy Global, Inc.

  • Construction and Mining: The China Connection

    By Nauman Aly - May 19, 2013 | Tickers: BHP, CAT, JOY, RIO

    When it comes to deciding which construction and mining equipment companies to invest in, they key is to keep an eye on economic conditions in China. Like it or not, China is going to become the hotspot of economic activity in the future as it continues on its path of rapid development. The industry leaders are Caterpillar (NYSE: CAT) and Joy Global (NYSE: JOY). Based on economic data coming out more »

  • Is China the Land of Opportunity for Mining Equipment Companies?

    By Zain Abbas - May 14, 2013 | Tickers: CAT, JOY, MTW

    China has been called the land of opportunities for industrials. Many mining equipment companies have turned towards this emerging economy in hopes of fueling enough growth to make up for declining mining activity in North America.

    However, China hasn’t kept up with the expectations of these industrials. Its economy hasn’t grown as quickly as anticipated. However, channel checks show that excavator sales rose by 6% (on a year-over-year more »

  • Will Caterpillar Recover in 2013?

    By Lior Cohen - May 13, 2013 | Tickers: CAT, DE, JOY

    Shares of Caterpillar (NYSE: CAT) rallied during the past several days by nearly 9%. Nonetheless, this heavy-machinery company hasn’t done well in the past quarter. Is it time to invest in heavy-machinery companies such as Caterpillar? Will these companies surprise in 2013? Let’s examine several leading heavy-machinery businesses and analyze their recent developments.

    Is this CAT ready to pounce?

    According to Caterpillar’s first quarter financial results for more »

  • 4 Reasons Caterpillar Could Trend Lower in the Near Future

    By Neha Chamaria - April 29, 2013 | Tickers: CAT, DE, JOY

    Caterpillar’s (NYSE: CAT) fortunes depend more on the economy than its own internal doings, something that was evidenced in its recent quarterly report. Challenges are aplenty, and there are signs that suggest that the weakness in Caterpillar’s shares is here to stay. So before you decide to dive in, here are four things you should consider.

    Weakness ahead?

    Caterpillar’s first-quarter numbers were disastrous. Earnings per share slumped more »

  • Should We Follow Tweedy Browne Into This Stock?

    By Anh HOANG - April 28, 2013 | Tickers: CAT, JOY, MXCYY.PK

    Recently, Tweedy Browne, one of the most successful investment managers in the world, initiated a long position in Joy Global (NYSE: JOY). Tweedy Browne bought more than 600,000 shares of the company, accounting for around 1.1% of its total portfolio.

    Interestingly, Joy Global has experienced a significant decrease of more than 13.5% since the beginning of the year. The stock seems to be quite cheaply valued at more »

  • Can CAT Claw Its Way Back?

    By Marshall Hargrave - April 28, 2013 | Tickers: CAT, DE, JOY, KUB

    Year-to-date, Caterpillar (NYSE: CAT) is down 10%. This is just part of the story, as the stock has greatly under-performed the broader market, but why? Sure it's been pressured by the slow economy and had recent accounting issues surrounding its purchase of ERA Mining Machinery and its subsidiary Siwei, but the economy is turning around, so Caterpillar could be too cheap to ignore.

    The bad

    Caterpillar posted first quarter more »

  • Caterpillar’s 2013 Doesn’t Look Great

    By RJ Towner - April 26, 2013 | Tickers: BHP, CAT, JOY, RIO

    Global equipment manufacturer Caterpillar (NYSE: CAT) posted weak first quarter results on the back of a decline in global mining capital expenditures. Revenue dropped 17% year-over-year to $13.2 billion, which was slightly below consensus expectations. Earnings tumbled 45% year-over-year to $1.31 per share, which was also worse than consensus estimates.

    The decline during the first quarter wasn’t much of a surprised as the outlook for mining capital more »

  • Why This Stock Could Bounce Off the Bottom Next Week

    By Neha Chamaria - April 16, 2013 | Tickers: AA, CAT, JOY, RIO

    At a time when the stock market is rocketing to new heights, who would like to give a second thought to the Dow’s worst performing stock year to date? However, when the company in question is an undisputed leader in an industry that reflects the overall economy, it’s hard not to talk about it.

    Caterpillar’s (NYSE: CAT) has been in a free fall this year, losing 11 more »

  • Why This Stock Could Bounce Off the Bottom Next Week

    By Neha Chamaria - April 16, 2013 | Tickers: AA, CAT, JOY, RIO

    At a time when the stock market is rocketing to new heights, who would like to give a second thought to the Dow’s worst performing stock year to date? However, when the company in question is an undisputed leader in an industry that reflects the overall economy, it’s hard not to talk about it.

    Caterpillar’s (NYSE: CAT) has been in a free fall this year, losing 11 more »

  • Why This Stock Could Bounce Off the Bottom Next Week

    By Neha Chamaria - April 15, 2013 | Tickers: AA, CAT, JOY, RIO

    At a time when the stock markets are scrambling to new heights, who would like to give a second thought to Dow’s worst performing stock year to date? Yet, when the company in question is an undisputed leader in an industry that reflects the overall economy, it’s hard not to talk about it either.

    Caterpillar’s (NYSE: CAT) shares have been in a free fall this year, losing more »

  • Why China's Telling You to Buy Industrial Stocks

    By Joseph Solitro - April 12, 2013 | Tickers: AA, CAT, JOY

    Industrial stocks have been beaten down over the last few weeks, but the tide is starting to turn. China released positive economic data that will help curb the uncertainty of this market, and Alcoa gave us its projected growth by sector. It is time to take a look at the companies that will benefit the most from China's strengthening economy. 

    Chinese imports

    China posted a trade deficit for March more »

  • GE Pays Up for Fracking Exposure

    By RJ Towner - April 10, 2013 | Tickers: GE, JOY, LUFK

    The Wall Street Journal reported earlier this week that GE (NYSE: GE) will acquire oil pump manufacturer Lufkin Industries (NASDAQ: LUFK) for a whopping $3.3 billion, or $88.50 per share in cash. Paramount to any acquisition is the price paid, and we at Valuentum think GE paid a hefty sum to gain exposure to the US hydraulic fracturing market, paying a 20% premium to the high end of more »

  • GE Pays Up For Fracking Exposure

    By RJ Towner - April 8, 2013 | Tickers: GE, JOY, LUFK

    Earlier this morning, The Wall Street Journal reported that GE (NYSE: GE) will acquire oil pump manufacturer Lufkin Industries (NASDAQ: LUFK) for a whopping $3.3 billion, or $88.50 per share in cash. Paramount to any acquisition is the price paid, and we think GE paid a hefty sum to gain exposure to the US hydraulic fracturing market, paying a 20% premium to the high-end of Valuentum's fair more »

  • Will This Caterpillar Continue Crawling Down?

    By Lior Cohen - April 5, 2013 | Tickers: CAT, CMI, DE, JOY

    Shares of Caterpillar (NYSE: CAT) have tumbled down in recent weeks by more than 15%. The recent downgrade of the company by Goldman Sachs isn’t likely to pull up Caterpillar’s stock. Does this mean Caterpillar is facing dire times ahead? Is it time to reevaluate this company? Let’s have a close look at this company, and evaluate its performance compared to related companies and the heavy machinery more »

  • CAT Is Being a Dog, but Not for Long

    By Joseph Solitro - March 28, 2013 | Tickers: CAT, DE, JOY

    Caterpillar (NYSE: CAT), the world's largest manufacturer of construction and mining equipment, reported record earnings in 2012. Its stock has fallen over 12% since Feb. 1 on economic worries and disappointing sales numbers. I believe the selling is overdone and Caterpillar is about to rise over 10%. 

    The drop

    The decline in February began after news that U.S. productivity declined 2% in December. Caterpillar relies on economic growth more »

  • Tips (and Picks) for a Killer 'Value Swing'

    By Adem Tahiri - March 26, 2013 | Tickers: AAPL, COH, JOY, KORS

    Like a perfect golf swing, successful value investing seems so simple yet it eludes so many of us. Most investors love the idea of buying a dollar for fifty cents, so why is it so hard to do? Well, like a perfect golf swing, to spot true value you just need to adopt a few tips.

    Here’s an important tip (along with some stock picks) that will help keep more »

  • The Best In The Business Is On Sale

    By Matthew Frankel - March 26, 2013 | Tickers: CAT, JOY, KMTUY

    Caterpillar (NYSE: CAT), the world’s largest producer of earthmoving equipment, has done very well over the past few years, doubling its annual revenues since the financial crisis. I was hesitant to recommend it as an investment until recently because I was afraid it was getting too expensive. Since the beginning of February, however, shares have fallen 13.4% and are over 21% below their 52-week high at a time more »

  • Jump for Joy Global

    By Joseph Solitro - March 14, 2013 | Tickers: CAT, GE, JOY

    The mining industry faced a tough market in 2012 due to the global economic slowdown. With Joy Global (NYSE: JOY) strongly entrenched in this industry, they were hit hard, suffering a 16.13% drop in their stock. With strength returning and economic indicators pointing in a favorable direction, however, they have the potential to push back towards their previous highs. 

    Overview of the Company

    Joy Global is a worldwide provider more »

  • Mining and China: The Opportunity

    By Joseph Solitro - March 14, 2013 | Tickers: CAT, DE, JOY

    Mining equipment manufacturers have seen a steep decline in sales due to a slowdown in China. Caterpillar (NYSE: CAT), Joy Global (NYSE: JOY), and Deere (NYSE: DE) are the major players in this space and have been directly affected. A turn in China could provide the growth these companies need to outperform the market.

    Overview of the Companies

    Caterpillar is the world's leading manufacturer of mining and construction equipment more »

  • Time To Buy This Cyclical Company?

    By Lee Samaha - March 13, 2013 | Tickers: AA, CAT, DCI, JOY

    In theory, filtration companies have a lot going for them. Growing regulatory requirements promulgated by environmental concerns should ensure GDP growth in the future. Moreover, the promise of long term growth from industrialization and increasing numbers of transport vehicles in emerging markets offers plenty of upside. On the other hand, they are still cyclical plays that are dependent on specific end markets. In this article I want to focus on more »

  • Page 1 of 6